The financing of higher education

The main sources of funding of the state educational establishments are the federal and local budgets. Non-state educational establishments are entitled to funding from these sources after they have received state accreditation.

State educational establishments have the right to use other sources of funding including the following:

income obtained for the rendering of additional educational services (additional educational programmes, special courses, in-depth course study, etc.) beyond the framework of relevant educational programmes and of the State educational standard;

fees charged to students (in educational establishments permitted to enroll a certain number of students who must pay for their education) including foreign students;

income derived from business activities (the leasing of fixed assets and property, the selling and buying goods and equipment, the rendering of intermediary services, etc.).

Educational establishments are financed by their founders. For example, the Ministry of Health and Medical Industry finances medical education institutions. The former Ministry of Education funded 90 pedagogical universities, 88 colleges, and 2,270 vocational education institutions. The former State Committee for Higher Education financed 240 universities, academies, and institutes as well as 313 colleges.

The level of financing of educational establishments is carried out on the basis of state and local norms (standards) , as determined by the expense per student for each type and category of educational establishment. Federal funding norms are adopted annually by a federal law along with the adoption of the federal budget for the coming year. The norms regarding the financing of non-state educational establishments cannot be lower than those for state educational establishments.

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